positive
Recently
Nvidia regains position as world's most valuable AI-focused company
Nvidia regained the top spot as the world’s most valuable company, with Q3 revenue at $27.
Nvidia reclaimed its status as the world’s most valuable company, driven by momentum in AI chip sales and enterprise adoption. Despite regulatory scrutiny, quarterly revenue reached $27.3 billion, up 48% year-on-year, while net profit rose to $9.8 billion. Analysts attributed growth to AI accelerator demand, high-margin gaming products, and data center expansion.
Nvidia continues partnerships with leading AI software providers to optimize workloads. Stock performance showed a 12% rise in the past three months, reflecting investor confidence in the company’s AI strategy and market dominance.